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Reebok, adidas have plenty of issues to solve

Updated: August 3, 2005, 5:45 PM ET
By Darren Rovell | ESPN.com

The news hit late Tuesday night with the blockbuster headline: Adidas To Buy Reebok.

Like most major mergers, it seemed too big to be real. Wendy's doesn't usually buy Burger King. Hilton doesn't buy Marriott.

But these deals do happen, often when top officials with one behemoth realize that that their goals will be best accomplished by joining instead of competing. Mergers have reordered the rank of companies in the energy and telecommunications businesses in recent years. Sports ...

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